So I’m guessing they will blame it all on our greed in the media and history books
oh well
They already started. Warren buffet and Michael burry have been saying robinhood is making stocks overvalued because of too many investors. Lmao.
The AMC Stock Discussion Thread
- Thread starter I Really Mean It
- Start date
They already started. Warren buffet and Michael burry have been saying robinhood is making stocks overvalued because of too many investors. Lmao.
They’ll try to end commission free trading
I doubt it Honestly besides slaps on the wrist
Somebody has to go down for it
DJ Paul's Arm
Veteran
and I’ll be watching the news like
pawdalaw
Superstar
Almost certain it wont. All the variables are maxed out. This reverse repo situation is unprecedented. Capital gains tax is retroactive to April so it would benefit no one if it does. Sec Yellen predicts a crash by October if debt ceiling isnt raised. All of the safety nets from the pandemic will be cut by September. It's like a snowball going downhill. The longer this rolls, the bigger it gets. Logic tells me sooner than later. But the play itself is illogical at this point. They could have covered when AMC was $5 and GME was $40.
Crazy time to be alive.
I need that million dollar man intro musicRareHunter
All Star
I was just watching some old dudes talking about it, keep in mind they aren’t a financial channel, but dude is heavily invested and went on a side rant as they were speaking of the state of the economy and credit lines being withdrawn. Anyways he said based on the math of the possible rob in the hood mistake showing the market cap, the shares are actually worth about 8k right now.
You gotta think AMC was 1.5 in january, people have already become super rich and cashed out
If they do a controlled squeeze, we can be a 1k by the end of the year, and a lot of people will cash out, reinvest
I can see this shyt lasting for 3 years before they buy back all those shares, can't see how they can possibly cover all those shares
AMC will be a whole different type of company by the time this shyt is over, might take over netflix, and start producing their own movies
Where u hear this?
RareHunter
All Star
Honestly it was one of those prepper podcast that been popping up, but these ppl specialize in living off grid, but they also are in the know of finances. Honestly seems like it’s gonna be a bumpy ride ahead for the country as a whole. I wish everyone the best.
I haven't attempted this but you could try enabling "Market and account activity alerts"
Fidelity.com - Alerts
test it with a stock alert price you know will send you a sms immediately during market hours. once you see the format of the message, add that phrase to the 'ifttt' app minus the stock ticker and dollar amount. do that to ensure it'll only trigger the music playback from your fidelity alert and nothing else. then set the AMC alert for the amount you want to be notified at.
https://play.google.com/store/apps/details?id=com.ifttt.ifttt&hl=en_US&gl=US
I Really Mean It
Veteran
If he’s right, say goodbye to the $30s and $40s
I no longer trust that much of the dd has anything of real value to add. While it’s based on sound data, the unchecked manipulation of the stocks makes it irrelevant. I expect another week of poor performance.
